GEPPY CHRONICLES: THIS DAY IT WENT POP

Oh my... i guess you are probably going all giddy with excitement as geppy popped 200 pips to the upside...but before you loose your inhaler with all the excitement ..it is important to note that yesterday was pretty much the first meaningful day of trading after the holiday's and from a daily perspective..the trend has not changed.

Ok so if you are looking at the smaller time frames your probably bullish..right?..that may be but one bullish day does not change a trend. I still need the daily to close above the 129 zone and then make a higher low...until then i'm still bearish and i'm not looking to buy just sell.

Like i said..the lower time frames like the 4 HR is telling a very different story..lets see which one wins out.

Happy Pippin